Tuesday, August 31, 2010
The Answer To A Housing Recovery: Lower Prices
THE ANSWER TO A HOUSING RECOVERY: LOWER PRICES
US article but more people seemed to get it by the day. It should be plain as day at this juncture that the government cannot fix the housing market with their incessant fidgeting. The market needs to correct further before reaching a sustainable bottom. Lower prices will act as an automatic stabilizer by generating significant demand.
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